T.J. Maxx Financial Statements From 2010 to 2022

TJX
 Stock
  

USD 66.40  1.61  2.37%   

T.J. Maxx financial statements provide useful quarterly and yearly information to potential TJX Companies investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on T.J. Maxx financial statements helps investors assess T.J. Maxx's valuation, profitability, and current liquidity needs.
We have found sixty-two available fundamental trend indicators for TJX Companies, which can be analyzed and compared to other ratios and to its competition. Make sure you double-check all of TJX Companies current market performance against the performance between 2010 and 2022 to make sure the company can sustain itself for the next two years.
T.J. Maxx Earnings before Tax are fairly stable at the moment as compared to the past year. T.J. Maxx reported Earnings before Tax of 3.19 Billion in 2021. Enterprise Value is likely to rise to about 43.6 B in 2022, whereas Average Assets are likely to drop slightly above 8.2 B in 2022.
  
Check T.J. Maxx financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among T.J. Maxx main balance sheet or income statement drivers, such as Direct Expenses of 29.2 B, Consolidated Income of 2.2 B or Cost of Revenue of 16 B, as well as many exotic indicators such as Interest Coverage of 68.12, Long Term Debt to Equity of 0.5 or Calculated Tax Rate of 33.13. T.J. Maxx financial statements analysis is a perfect complement when working with T.J. Maxx Valuation or Volatility modules. It can also supplement T.J. Maxx's financial leverage analysis and stock options assessment as well as various T.J. Maxx Technical models . Additionally, take a look at the analysis of T.J. Maxx Correlation against competitors.

T.J. Maxx Revenues

40.86 Billion

T.J. Maxx Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets20.8 B28.5 B20.3 B
Increasing
Slightly volatile
Cash and Equivalents4.6 B6.2 B3.5 B
Increasing
Slightly volatile
Investments222.1 M254.4 M290.2 M
Decreasing
Slightly volatile
Investments Current222.1 M254.4 M290.2 M
Decreasing
Slightly volatile
Property Plant and Equipment Net2.9 B3.5 B3.7 B
Decreasing
Stable
Inventory2.6 B2.9 B3.1 B
Decreasing
Stable
Tax Assets46.4 M31.5 M64.3 M
Decreasing
Slightly volatile
Trade and Non Trade Receivables166.8 M192.4 M211.1 M
Decreasing
Slightly volatile
Trade and Non Trade Payables1.6 B1.8 B1.9 B
Increasing
Very volatile
Goodwill and Intangible Assets238.7 M278.9 M308.1 M
Decreasing
Slightly volatile
Total Liabilities15.4 B22.5 B14.9 B
Increasing
Slightly volatile
Shareholders Equity5.4 BB5.4 B
Increasing
Slightly volatile
Accumulated Retained Earnings DeficitB3.7 BB
Increasing
Slightly volatile
Current Assets10.5 B13.3 B8.8 B
Increasing
Slightly volatile
Assets Non Current3.3 BB4.3 B
Decreasing
Stable
Current Liabilities7.6 B10.5 B6.6 B
Increasing
Slightly volatile
Liabilities Non CurrentB2.5 B2.6 B
Increasing
Very volatile
Tax Liabilities303.1 M368 M429.8 M
Decreasing
Slightly volatile
Total Debt1.2 B1.5 B1.5 B
Increasing
Stable
Debt Current383.6 M355.5 M331.8 M
Increasing
Slightly volatile
Debt Non Current1.6 B1.5 B1.5 B
Increasing
Slightly volatile
Shareholders Equity USD3.1 B3.8 B4.1 B
Decreasing
Slightly volatile
Cash and Equivalents USD2.4 B2.2 B2.3 B
Increasing
Slightly volatile
Total Debt USD1.2 B1.5 B1.5 B
Increasing
Stable
Accounts Payable3.4 B4.5 B2.7 B
Increasing
Slightly volatile
Receivables385 M517.6 M352.2 M
Increasing
Slightly volatile
Inventories4.8 BB4.5 B
Increasing
Slightly volatile

T.J. Maxx Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues40.9 B48.5 B38.3 B
Increasing
Slightly volatile
Cost of Revenue16 B18.7 B20.1 B
Decreasing
Stable
Selling General and Administrative Expense3.6 B4.2 B4.6 B
Decreasing
Slightly volatile
Operating Expenses3.6 B4.2 B4.6 B
Decreasing
Slightly volatile
Interest Expense30.7 M35.8 M37.1 M
Increasing
Stable
Income Tax Expense1.3 B1.2 B1.3 B
Increasing
Slightly volatile
Net Loss Income from Discontinued Operations35.8 M39.4 M35.2 M
Increasing
Very volatile
Consolidated Income2.2 BB2.2 B
Decreasing
Very volatile
Net Income2.9 B3.3 B2.9 B
Increasing
Slightly volatile
Net Income Common Stock2.2 BB2.2 B
Decreasing
Very volatile
Weighted Average Shares1.4 B1.2 B1.3 B
Decreasing
Slightly volatile
Weighted Average Shares Diluted1.4 B1.2 B1.3 B
Decreasing
Slightly volatile
Earning Before Interest and Taxes EBIT3.5 B3.2 B3.5 B
Increasing
Stable
Revenues USD22.2 B26.2 B28.1 B
Decreasing
Stable
Net Income Common Stock USD2.2 BB2.2 B
Decreasing
Very volatile
Earning Before Interest and Taxes USD3.5 B3.2 B3.5 B
Increasing
Stable
Gross Profit6.2 B7.5 BB
Decreasing
Stable
Operating Income4.3 B4.5 B4.1 B
Increasing
Slightly volatile
Direct Expenses29.2 B34.7 B27.4 B
Increasing
Slightly volatile

T.J. Maxx Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Business Acquisitions and Disposals(55.5 M)(51.4 M)(38.2 M)
Decreasing
Slightly volatile
Issuance Repayment of Debt Securities 323.5 M299.8 M381 M
Decreasing
Slightly volatile
Net Cash Flow from Operations3.2 B3.1 B3.4 B
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents334.1 M309.6 M224.5 M
Increasing
Stable
Share Based Compensation(8.3 M)(8.1 M)(1.4 M)
Decreasing
Stable
Depreciation Amortization and Accretion447.7 M530.1 M565.5 M
Decreasing
Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share2.282.742.3096
Increasing
Slightly volatile
Earnings per Diluted Share2.252.72.2733
Increasing
Slightly volatile
Earnings per Basic Share USD3.112.883.1343
Increasing
Stable
Dividends per Basic Common Share0.650.60.646
Increasing
Slightly volatile
Return on Average Equity56.6555.473257.0173
Increasing
Slightly volatile
Return on Average Assets16.7611.076617.5171
Decreasing
Slightly volatile
Return on Invested Capital0.480.540.5847
Decreasing
Slightly volatile
Gross Margin30.0328.498828.5996
Increasing
Slightly volatile
Profit Margin7.576.76177.641
Decreasing
Slightly volatile
EBITDA Margin13.411.082812.9562
Decreasing
Slightly volatile
Return on Sales0.09650.110.1192
Decreasing
Slightly volatile
Asset Turnover2.31.64262.2919
Decreasing
Slightly volatile
Payout Ratio0.170.190.2011
Increasing
Very volatile
Enterprise Value over EBITDA8.839.6710.4105
Decreasing
Slightly volatile
Enterprise Value over EBIT13.2113.811.9239
Increasing
Slightly volatile
Price to Earnings Ratio22.5923.720.6122
Increasing
Slightly volatile
Sales per Share32.4340.569830.646
Increasing
Slightly volatile
Price to Sales Ratio1.161.411.4993
Decreasing
Slightly volatile
Price to Book Value8.179.5910.1348
Decreasing
Very volatile
Debt to Equity Ratio0.50.55890.391
Increasing
Slightly volatile
Dividend Yield0.00890.0090.01
Decreasing
Slightly volatile
Current Ratio1.571.26661.42
Decreasing
Slightly volatile
Free Cash Flow per Share1.691.68191.833
Increasing
Slightly volatile
Book Value per Share6.045.66.1089
Increasing
Very volatile
Tangible Assets Book Value per Share15.1314.0215.0771
Increasing
Slightly volatile
Total Assets Per Share16.9624.095616.5312
Increasing
Slightly volatile
Cash Flow Per Share2.522.58852.7226
Increasing
Slightly volatile
Return on Investment55.3242.426257.4645
Decreasing
Slightly volatile
Operating Margin11.399.294910.9513
Decreasing
Slightly volatile
Calculated Tax Rate33.1325.3529.284
Decreasing
Slightly volatile
Receivables Turnover12599.4795117
Decreasing
Slightly volatile
Inventory Turnover7.086.74126.5142
Increasing
Slightly volatile
PPandE Turnover9.089.44678.2836
Increasing
Slightly volatile
Cash and Equivalents Turnover9.685.831612.0943
Decreasing
Slightly volatile
Accounts Payable Turnover13.6410.482114.4956
Decreasing
Slightly volatile
Accrued Expenses Turnover31.4523.969528.6772
Decreasing
Slightly volatile
Interest Coverage68.1239.2148248
Increasing
Very volatile
Long Term Debt to Equity0.50.55890.391
Increasing
Slightly volatile
Quick Ratio0.740.64350.6201
Decreasing
Slightly volatile
Net Current Assets as percentage of Total Assets18.339.804313.9374
Decreasing
Slightly volatile
Revenue to Assets2.271.70582.0617
Decreasing
Slightly volatile

T.J. Maxx Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax3.4 B3.2 B3.5 B
Increasing
Stable
Earnings Before Interest Taxes and Depreciation Amortization EBITDAB5.4 B4.9 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD4.1 B3.8 B4.1 B
Increasing
Stable
Market Capitalization44.1 B40.9 B43.9 B
Increasing
Slightly volatile
Enterprise Value43.6 B40.4 B43.4 B
Increasing
Slightly volatile
Invested Capital4.3 B4.8 B5.4 B
Decreasing
Slightly volatile
Average Equity3.1 B3.9 B4.1 B
Decreasing
Stable
Average Assets8.2 B9.9 B10.5 B
Decreasing
Stable
Invested Capital Average4.5 B5.4 B5.8 B
Decreasing
Stable
Tangible Asset ValueB9.6 B10.2 B
Decreasing
Stable
Free Cash FlowB1.9 B1.9 B
Increasing
Slightly volatile
Working Capital1.9 B2.4 B2.5 B
Decreasing
Slightly volatile
Revenue Per Employee152.9 K143.2 K145.6 K
Increasing
Slightly volatile
Net Income Per Employee11 K9.7 K11.1 K
Decreasing
Slightly volatile

T.J. Maxx Fundamental Market Drivers

Forward Price Earnings19.04
Short Percent Of Float1.10%
Average Daily Volume Last 10 Day4.76M
Shares Short Prior Month12.53M
Average Daily Volume In Three Month6.48M
Date Short Interest15th of July 2022
Fifty Day Average60.47
Two Hundred Day Average65.12

T.J. Maxx Upcoming Events

Upcoming Quarterly Report23rd of February 2022
Next Financial Report18th of May 2022
Next Fiscal Quarter End31st of January 2022
Next Fiscal Year End23rd of February 2022
Last Quarter Report31st of October 2021
Last Financial Announcement31st of January 2021

About T.J. Maxx Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include T.J. Maxx income statement, its balance sheet, and the statement of cash flows. T.J. Maxx investors use historical funamental indicators, such as T.J. Maxx's revenue or net income, to determine how well the company is positioned to perform in the future. Although T.J. Maxx investors may use each financial statement separately, they are all related. The changes in T.J. Maxx's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on T.J. Maxx's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on T.J. Maxx Financial Statements. Understanding these patterns can help to make the right decision on long term investment in T.J. Maxx. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Cost of Revenue18.7 B16 B
Revenues48.5 B40.9 B
Revenue to Assets 1.71  2.27 
Revenue Per Employee143.2 K152.9 K

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Additionally, take a look at the analysis of T.J. Maxx Correlation against competitors. Note that the TJX Companies information on this page should be used as a complementary analysis to other T.J. Maxx's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running TJX Companies price analysis, check to measure T.J. Maxx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy T.J. Maxx is operating at the current time. Most of T.J. Maxx's value examination focuses on studying past and present price action to predict the probability of T.J. Maxx's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move T.J. Maxx's price. Additionally, you may evaluate how the addition of T.J. Maxx to your portfolios can decrease your overall portfolio volatility.
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Is T.J. Maxx's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of T.J. Maxx. If investors know T.J. Maxx will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about T.J. Maxx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.073
Market Capitalization
79.7 B
Quarterly Revenue Growth YOY
-0.019
Return On Assets
0.1
Return On Equity
0.57
The market value of TJX Companies is measured differently than its book value, which is the value of T.J. Maxx that is recorded on the company's balance sheet. Investors also form their own opinion of T.J. Maxx's value that differs from its market value or its book value, called intrinsic value, which is T.J. Maxx's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because T.J. Maxx's market value can be influenced by many factors that don't directly affect T.J. Maxx's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between T.J. Maxx's value and its price as these two are different measures arrived at by different means. Investors typically determine T.J. Maxx value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T.J. Maxx's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.